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 August 1, 2011 Afternoon Update |
 TOP NEWSAs Vote Looms, Leaders Court SkepticsBy MICHAEL D. SHEAR, CARL HULSE and HELENE COOPERDemocratic and Republican leaders began making their final arguments with skeptical members in advance of votes in both chambers that could come as early as Monday. From Spending to Cuts, While the Economy StallsBy BINYAMIN APPELBAUM and CATHERINE RAMPELLThe debt deal would complete an about-face in the government's role from postrecession spending to outsize cuts in the future. FiveThirtyEightThe Fine Print on the Debt DealBy NATE SILVERDemocrats will find that the deal struck by Congress and the president is a bit better than it appears at first glance. Relief Rally Disappears After Fresh Economic DataBy CHRISTINE HAUSER and MATTHEW SALTMARSHWorries about the debt deal's effect on the recovery and disappointing manufacturing data sent stocks down. States and Cities Brace for Less Federal MoneyBy MICHAEL COOPERGovernors and mayors were examining the debt ceiling deal in Washington to figure out how the trillions of dollars in promised spending cuts would affect them. |
U.S.Opinion |
BUSINESSThe Airport Experience Now Includes Shopping for the FamilyBy STEPHANIE CLIFFORDThe draw of the airport retailing location is simple: an attentive clientele. Domestic travelers spend more than an hour, on average, waiting in airports once they have passed security. DealBookHSBC to Cut 30,000 JobsBy JULIA WERDIGIERHSBC, the biggest European bank, said Monday that it was cutting 30,000 jobs, as part of a wide-ranging cost reduction program to improve profitability. DealBookWall Street Continues to Spend Big on LobbyingBy BEN PROTESSThe financial industry has spent more than $100 million so far this year to court regulators and lawmakers, who are finalizing new regulations for lending, trading and debit card fees. Rhode Island City Files for BankruptcyBy THE ASSOCIATED PRESSPension benefits, collective bargaining agreements and city jobs would be at risk after the court filing. Al Jazeera English Arrives on N.Y. CableBy BRIAN STELTERThe Qatar-based Al Jazeera has struggled to secure American outlets for its English-language TV news channel. |
Live Video via MSNBC: House Debate
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